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Van Durme - Van Boxstael

Active
Public limited companyfounded 1973active for 52 yearsJoseph Cardijnstraat 8, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0413.822.190
Summary

Van Durme - Van Boxstael has been active since 1973 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €141,869. Equity has been shrinking by about 3.2% per year since 2018. Its solvency ranks better than 95% of 152 sector peers (NACE 31, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 28-11-1973 Normal situation
Activity
Manufacture of dining room, living room, bedroom and bathroom furniture NACE 31004
Joint committee
126 Paritair Comité voor de stoffering en de houtbewerking · annual accounts 2022
Establishment unit
2.229.274.883 9420 Erpe-Mere, since 18-08-1978
Financial year end
31 December
Peppol
Reachable since 28-03-2024

Board and ownership

Board
  • WHEBManaging director · permanent representative Willem-Hendrik Elias
  • ELIAS WHEMABDirector · since 08-02-2024 · permanent representative Bart Elias
  • Evelien EliasDirector · since 08-02-2024
Shareholders
  • ELIAS WHEMAB· score 952025 annual accounts of ELIAS WHEMAB

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Gross margin
€207,943
▼ 0.5%
Turnover
≈ €530,000
estimated
Profit
€141,869
▲ 23.6%
Equity
€2.0m
▲ 7.5%
Total assets
€2.1m
▲ 8.1%
Score breakdownraises riskSector: Manufacture of furniture (NACE 31)Liquidity: current ratio 27.33, cash €104,284lowers riskEquity €2.0m (98.9% of total assets)Size: total assets €2.1mShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 68% of small companies in furniture (NACE 31)
Financial strength · tick: 2024
Strong
Solvency 100=
equity 98.9% of total assets
Liquidity 56-2
short-term debt 1.0% · cash 5.1%
Profitability 55-21
return on assets 6.9%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (137 companies, NACE 31, small)
Last 24 months 12-2024: 0.2%highest value 01-2025: 0.1%▼ -0.1 percentage points vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026lowest value 09-2026: 0.1%● unchanged vs 08-2026lowest value 10-2026: 0.1%● unchanged vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 27.33 (36.46 in 2024), above the usual 1.5. Short-term debt is 1% and cash 5.1% of total assets. 1.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 31, small). It does better than 91% of them on solvency, 71% on liquidity, 46% on profitability and 67% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Manufacture of furniture (NACE 31)
KBO
lowers risk · Equity €2.0m (98.9% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 27.33, cash €104,284
NBB · annual accounts
lowers risk · Size: total assets €2.1m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.0m
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
22 days early
2024
7 days early
2023
50 days late
2022
33 days early
2021
22 days late
2020
26 days late
2019
54 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 31), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 24 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 95% of companies in furnituresector median 42.3% · 152 companies 98.9% View

Recent changes

  1. · Gazette deed Amendment of the articles
  2. · Gazette deed 4 directors appointed, 6 directors resigningResignations: Caroline Van Boxstael, Philip Van Boxstael and 3 others · Appointments: ELIAS WHEMAB BV, WHEB BV and Evelien Elias · Permanent representatives: Bart Elias and Willem-Hendrik Elias
All 18 events

Comparable companies

These companies have the same main activity as Van Durme - Van Boxstael: manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004). They are comparable in size and age: total assets between €1.3m and €2.4m, founded between 1977 and 1995.

CompanyTotal assetsGross margin
Van Durme - Van Boxstael Erpe-Mere€2.1m€0.2m
CIBO Pittem€1.5m€0.2m
VADO Essen€1.6m€0.1m
Socquet Grez-Doiceau€1.9m€0.5m
INFORMA Halle€1.3m€0.06m
IMMO MICHELDENOLF Ichtegem€1.4m€0.05m
DIECOBEL Kortrijk€2.4m€0.3m
Full comparison

Key facts about Van Durme - Van Boxstael

What is the company number of Van Durme - Van Boxstael?
The company number of Van Durme - Van Boxstael is 0413.822.190. The VAT number is the same number with BE in front: BE 0413.822.190.
Where is Van Durme - Van Boxstael based?
The registered office is at Joseph Cardijnstraat 8, 9420 Erpe-Mere.Company details
What does Van Durme - Van Boxstael do?
According to the KBO register, the main activity is manufacture of dining room, living room, bedroom and bathroom furniture (NACE 31004).
What is the legal form of Van Durme - Van Boxstael?
The legal form of Van Durme - Van Boxstael is Public limited company (NV).
When was Van Durme - Van Boxstael founded?
Van Durme - Van Boxstael was founded on 28-11-1973.
Is Van Durme - Van Boxstael still active?
Yes, Van Durme - Van Boxstael is an active enterprise in the KBO register.
How many employees does Van Durme - Van Boxstael have?
Van Durme - Van Boxstael had an average of 0.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
Which joint committee does Van Durme - Van Boxstael fall under?
In its 2022 annual accounts, Van Durme - Van Boxstael states joint committee 126 (Paritair Comité voor de stoffering en de houtbewerking).
What is the turnover of Van Durme - Van Boxstael?
The turnover in financial year 2025 is ≈ €530,000. This figure is estimated from the gross margin of €207,943 and 1,647 comparable companies of the same size. It probably lies between €320,000 and €990,000. It is a rough estimate.
Is Van Durme - Van Boxstael profitable?
In financial year 2025, Van Durme - Van Boxstael made a profit of €141,869.
Where can I find the annual accounts of Van Durme - Van Boxstael?
Van Durme - Van Boxstael filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Van Durme - Van Boxstael due?
Van Durme - Van Boxstael must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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